Wednesday, June 29, 2011

Convenient Myths

From "creationism" to "lower taxes for the rich" the GOP is full of them, hell built upon them:

In fact, if you ranked each year since 1950 by overall job growth, the top five years would all boast marginal tax rates at 70 percent or higher. The top 10 years would share marginal tax rates at 50 percent or higher. The two worst years, on the other hand, were 2008 and 2009, when the top marginal tax rate was 35 percent. In the 13 years that the top marginal tax rate has been at its current level or lower, only one year even cracks the top 20 in overall job creation.

Of course, when you are Diane Sawyer, David Gregory, or any of the network or cable news stars making seven figures what possible personal bias would you have about your own tax rate? That Nantucket or Hampton's kitchen needs another new model of stove and a chance to pay Mario Batali to cook with it.

So screw ever reporting this inconvenient fact, just keep on letting me get that new sailboat.